By Wendy Van Sickle
Columbus, Ohio, Sept. 1 – Sweden priced SEK 20 billion of 0.125% 10-year bonds on Tuesday at 100.348 to yield 0.09%, according to a news release.
Barclays, Danske Bank, NatWest Markets, SEB and Swedbank are joint lead managers.
The order book for the bonds exceeded SEK 47 billion from 72 separate investors, the sovereign said.
“There is clearly a widespread commitment to sustainability in the financial markets, which is gratifying to see. Investors from around the world have shown great interest in our green bond as well as in Sweden’s environmental and climate policy,” Anna Sjulander, acting head of debt management at Sweden’s debt office, said in the release.
The syndicated bond will be tied to green investments and projects and further strengthen Sweden’s environmental and climate work.
| Issuer: | Kingdom of Sweden
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| Issue: | Green bonds
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| Amount: | SEK 20 billion
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| Maturity: | Sept. 9, 2030
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| Lead managers: | Barclays, Danske Bank, NatWest Markets, SEB and Swedbank
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| Coupon: | 0.125%
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| Price: | 100.348
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| Yield: | 0.09%
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| Pricing date: | Sept. 1
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